Whale Bitcoin Transfers to Binance Surge as Market Selloff Deepens
The post Whale Bitcoin Transfers to Binance Surge as Market Selloff Deepens appeared first on Coinpedia Fintech News Bitcoin’s June decline has intensified, with the asset down 14% for the month as large holders increase transfers to Binance.
Data shows whale inflows—transactions exceeding 100 BTC, or roughly $6 million—spiked to about 8,200 BTC on June 2 and more than 6,400 BTC on June 4. The trend matters because rising exchange deposits are often …
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Yes, most public blockchains (like Bitcoin and Ethereum) are transparent. Transactions can be traced back to public keys and wallet addresses, meaning that while they are pseudonymous (names are not directly tied to addresses), they are not completely anonymous.
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